-
Posted by
Two Blokes Apr 23 -
Filed in
Stock
-
2 views
I lifted my rating for Mitsubishi Electric Corporation to a Buy; surprises relating to its results and ROE target might act as re-rating catalysts for the stock. My view is that MIELF's FY2025 earnings will be better than what the sell-side expects, thanks to the strength of its defense division. MIELY is likely to announce positive changes to its cash management approach and financial goals at its IR Day event next month.
